Jenning Co.
Jenning Co.adjusts its books each month but closes its books at the end of the year.The trial balance at July 31 before adjustments is as follows:
-Refer to the trial balance for Jenning Co. According to contracts,$4,810 of Unearned Service Revenue has been earned in July.Which of the following is the correct amount of Service Revenue to be reported in the July income statement?
A) $20,410
B) $11,700
C) $21,320
D) $16,510
Correct Answer:
Verified
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